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Jakarta Post
A worker feeds chickens on Feb. 5, 2022, at a poultry farm in Sibreh, Aceh
A worker feeds chickens on Feb. 5, 2022, at a poultry farm in Sibreh, Aceh`
Companies premium

Danantara’s poultry push raises concerns over market distortion

Indonesia has enjoyed a surplus in chicken meat production since 2020, Statistics Indonesia (BPS) data show, with excess supply continuing even after the free meals program began.

1 hour ago
Companies premium

Pertamina to spin off airlines, hospitals, non-oil units this year

Divested assets include hospital groups currently managed by Indonesia Healthcare Corporation (IHC), as well as aviation subsidiary Pelita Air, which is set to be merged with national flag carrier Garuda Indonesia.

7 hours ago
Regulations premium

Prabowo ordered purge of IDX, OJK leadership, brother says

Hashim Djojohadikusumo, who is the special envoy for climate change and the brother of President Prabowo Subianto, said the five IDX and OJK officials who resigned soon after last month’s market crash did so in direct response to the President’s order.

7 hours ago

The Latest

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Markets

Gold edges lower on firmer dollar after strong US jobs data

Gold prices dipped on Thursday, as the U.S. dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues.

11 hours ago
Markets premium

Danantara’s IDX ownership plan gets guarded welcome

Danantara CEO Rosan Roeslani pointed out that it is common practice for sovereign wealth funds (SWFs) to hold stakes in bourses, typically ranging from 15 percent to 30 percent.

15 hours ago
Economy

Indonesia ready to bridge trade, investment in Islamic world

According to "State of Global Islamic Economy Report 2024-2025", Indonesia is ranked third in the global Islamic economy, after Malaysia and Saudi Arabia.

1 day ago
Economy premium

Prabowo leans on businesses to create jobs

President Prabowo Subianto held meetings with Indonesian business leaders at his private Hambalang estate, during which he stated his commitment to improving the ease of doing business.

1 day ago
Economy premium

New deputy finance minister guns for 5.6% first-quarter GDP growth

Just under a week since he was sworn in last Thursday, the ex-Bank Indonesia deputy governor is setting his sights accelerated state spending this quarter to reach up to 5.6 percent growth from an initial 5.5 percent target.

1 day ago
tech

Jury told that Meta, Google 'engineered addiction' at landmark US trial

Meta and Google-owned YouTube were accused Monday of pushing highly addictive apps on children as a landmark social media trial began in earnest in a California court.

2 days ago
tech

Crypto firm accidentally sends $40 billion in bitcoin to users

According to local reports, Bithumb was meant to send about 2,000 won (US$1.37) to each customer as part of a promotion, but mistakenly transferred roughly 2,000 bitcoins per user.

5 days ago
tech

IT companies collaborate to support digital transformation in Indonesia

The collaboration is expected to push digital innovation and ensure the safety, scalability and performance of organizations in Indonesia.

1 week ago
tech

Musk's Starlink updates privacy policy to allow consumer data to train AI

Starlink collects vast amounts of user data, spanning location information, credit card information, contact information and user IP addresses.

1 week ago
tech

India's central bank proposes linking BRICS' digital currencies, sources say

India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise.

3 weeks ago
companies

Indosat Ooredoo Hutchison shows healthy fundamentals in 2025 with 12.2% net profit growth

Indosat Ooredoo Hutchison (ISAT) demonstrated robust performance throughout 2025, recording revenue of Rp 56.5 trillion (US$3.37 billion) in addition to double-digit profit growth of 12.2 percent year-on-year (yoy) and 51 percent quarter-on-quarter (qoq) to Rp 5.5 trillion.

1 day ago
companies

SWA RoboKnights to represent Indonesia at VEX Robotics World Championship in the US

In a masterclass of skill and strategy, Sinarmas World Academy’s SWA RoboKnights powered through the VEX Robotics Indonesia National Championship 2025/2026, earning six major awards and securing a coveted spot on the global stage.

1 day ago
markets

Gold edges lower on firmer dollar after strong US jobs data

Gold prices dipped on Thursday, as the U.S. dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues.

11 hours ago
markets

Buoyant stocks pause for breath on signs of softening US consumption

Bonds jumped and a rebound in stock markets slowed down on Wednesday after softer-than-expected US retail sales figures, while a rally in the yen has extended and might be beginning to signal a shift in investor thinking since Japan's election.

1 day ago
markets

FTSE Russell postpones Indonesia index review

About US$120 billion has been wiped from the benchmark Jakarta Composite after larger rival MSCI warned last month the country risked a downgrade to frontier status.

2 days ago
markets

Asian markets rally as Japan shares surge to record peak

Nikkei jumped 4.2 percent to all-time highs as the government's decisive majority after the election clears the way for more spending and tax cuts.

3 days ago
markets

Indonesian markets slide again after Moody's cuts outlook

The benchmark Jakarta Composite Index lost 2.5 percent while the rupiah dropped as much as 0.37 percent to 16,888 per dollar, its lowest since January 22 and down 1 percent for the year.

6 days ago
markets

Stocks dive, silver and cryptos look for cover after rout

Global stocks extended losses into a third day on Friday as a selloff on Wall Street intensified, leaving investors dazed as wrenching volatility gripped precious metals and cryptocurrencies.

6 days ago

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